Wells Fargo Corporate Treasurer Paul Ackerman to Take Vice Chairman Role in Wells Fargo Securities

Wells Fargo & Company (NYSE:WFC) announced that Corporate Treasurer Paul Ackerman will take a role in Wells Fargo Securities as vice chairman and senior banker responsible for serving global financial institutions. In this position, Ackerman will leverage his extensive financial and capital management experience to provide counsel and guidance to global financial institution customers – banks, insurance companies, asset management companies and specialty finance companies – that represent a major area of focus for Wells Fargo Securities.

Company veteran Neal Blinde, head of the Depositories Investment Banking Group for Wells Fargo Securities, will become Corporate Treasurer, responsible for managing Wells Fargo’s capital, liquidity and funding along with its annual Comprehensive Capital Analysis and Review (CCAR). Blinde has provided investment banking services to bank clients, including Wells Fargo, a role in which he worked closely with Wells Fargo’s Treasury department. While the two appointments are effective immediately, Ackerman and Blinde will work together in the coming months to ensure a smooth transition.

Wells Fargo Corporate Treasurer Paul Ackerman to Take Vice Chairman Role in Wells Fargo Securities